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Tech visionJanuary 3 2012

New compliance function pushes RenCap on

Mark Harris, head of compliance with Renaissance Group, tells The Banker how he boosted the group's compliance capability, and installed a new trading surveillance system in its investment banking operations.
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New compliance function pushes RenCap on

When Mark Harris joined Renaissance Group as head of compliance in March 2010 following almost a decade with Lehman Brothers, it was with a mandate from CEO Stephen Jennings to build a “first-class compliance team” across the financial services conglomerate.

This was a particular priority for Renaissance Capital, the group’s investment banking arm, which needed to keep up with rapidly changing regulatory demands in both its domestic and international operations.

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